Rent to Own Homes in Pittsburg
Sometimes considered the gateway to California’s Sacramento-San Joaquin River Delta, Pittsburg overlooks the confluence of the Delta rivers and Suisun Bay. It is part of Contra Costa County. The land now occupied by Pittsburg was once part of the Rancho Los Medanos land grant. The Los Medanos land was purchased by Colonel Jonathan D. Stevenson in 1849, and the 1851 discovery of rich mineral deposits launched the area’s development as a steel and coal mining hub.The below results are primarily rent to own homes in :
Sometimes considered the gateway to California’s Sacramento-San Joaquin River Delta, Pittsburg overlooks the confluence of the Delta rivers and Suisun Bay. It is part of Contra Costa County. The land now occupied by Pittsburg was once part of the Rancho Los Medanos land grant. The Los Medanos land was purchased by Colonel Jonathan D. Stevenson in 1849, and the 1851 discovery of rich mineral deposits launched the area’s development as a steel and coal mining hub.The below results are primarily rent to own homes in :
Over the years, Pittsburg city limits grew and became home to more manufacturing ventures and a variety of subdivisions and neighborhoods. Today, USS-POSCO Industries remains a major local employer manufacturing cold rolled steel sheets and hot dipped galvanized steel. Area residents also often find jobs with other top Pittsburg employers such as Pittsburg Unified School District, Los Medanos College, Dow Chemical Company and Mi Pueblo Foods. Pittsburg residents have access to a variety of good schools. Young children here attend public schools in one of three districts: Pittsburg Unified School District, Antioch Unified School District or Mt. Diablo Unified School District. For higher education, the community college Los Medanos College is located in town, the University of California Berkeley is 30 miles away, Mills College in Oakland is 33 miles away, and California State University East Bay is 44 miles from town. For recreation, locals have many options. In addition to the ample boating available on Suisun Bay and the Delta, locals can hit the green at Pittsburg Delta View Golf Course, cheer on the local professional baseball team the Pittsburg Diamonds or dine in Old Town Pittsburg.
Buying vs. Rent to Own Homes
There are a few situations in which rent to own makes sense when you have the option to purchase. A good situation to rent to own is when you’re not sure about a home you’re looking at buying, and you want to test it out for a bit before making a final decision. This way, you have less money on the line if you change your mind.
Renting to own is also a good option if you’re close to qualifying for financing, but you need a little bit more time to get there.
Renting to own doesn’t trap you in a lease like normal renting does – you can buy the home whenever you’re ready. That’s why it’s the good option if you almost have a large enough down payment, if your credit score is close to where you need it to be or if you just need a little more time at your job to build your job history. It also works when you’re waiting for your old home to sell so that you have the cash to purchase your new home.
Rent to Own Realtors
Realtors are highly skilled at informing potential buyers and prospective sellers about rent to own. A realtor can help find the second half of the deal you have been searching for.
Unfortunately, not many realtors are interested in rent to own because there isn’t a lot of money for them in the process. In the past, that would constitute a serious roadblock to rent to own; however, there are plenty of websites available for buyers and sellers to find each other.
Completing your rent to own deal without a realtor could save the seller a lot of money on commission. That gives the seller some wiggle room on the sale price, which attracts even more buyers.
About Our Listings
Whether you’re interested in purchasing a condo or a townhouse, or if you’ve been touring apartments and houses, rent to own can be a good option for buyers – often with no credit check.
Just because the seller isn’t checking your credit score doesn’t mean you shouldn’t worry about it. You’ll need to have a credit score high enough to qualify for financing if you want to succeed in a rent to buy deal.
In rent to own by owner programs, sellers want to make a profit off of their properties. They will earn rent money from you whether you successfully buy the house or not. So, they don’t really worry about whether you have the credit score to buy it at the end of the lease.
Lease to purchase deals from a company are often less successful than from an owner because companies tend to snatch up cheap foreclosed homes and lease-option them on an “as is” basis.
Owners who are eager to sell their property may ask you to sign a lease-purchase agreement, which is very different from a lease-option because instead of having the option to buy the property before the end of the lease, you legally have to buy it. That can be difficult if you start the deal with bad credit and cannot bring it up high enough to qualify for a mortgage.
Looking for rent to own listings near me? Start your search on the Rent to Own Labs database.
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